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  3. gain contingencies usually are recognized in a com

Gain contingencies usually are recognized in a company's income statement when: Multiple Choice...

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Accounting

Gain contingencies usually are recognized in a company's income statement when:

Multiple Choice

The gain is probable and the amount can be reasonably estimated.

Realized.

The amount can be reasonably estimated.

The gain is reasonably possible and the amount can be reasonable estimated.

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